AL SB15 | 2026 | Regular Session
Status
Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Passed on April 17 2026 - 100% progression
Action: 2026-04-17 - Enacted
Text: Latest bill text (Enrolled) [PDF]
Sponsorship: Partisan Bill (Republican 1)
Status: Passed on April 17 2026 - 100% progression
Action: 2026-04-17 - Enacted
Text: Latest bill text (Enrolled) [PDF]
Summary
Uniform Assignment for Benefit of Creditors Act; creates a voluntary state law process for distressed organizations to liquidate assets and distribute proceeds to creditors
Title
Uniform Assignment for Benefit of Creditors Act; creates a voluntary state law process for distressed organizations to liquidate assets and distribute proceeds to creditors
Sponsors
| Sen. Sam Givhan [R] |
Roll Calls
2026-04-07 - House - Motion to Read a Third Time and Pass - Roll Call 1237 (Y: 101 N: 0 NV: 0 Abs: 4) [PASS]
2026-04-07 - House - Third Reading in Second House (Y: 104 N: 0 NV: 0 Abs: 1) [PASS]
2026-04-07 - House - HBIR: Passed by Second House (Y: 104 N: 0 NV: 0 Abs: 1) [PASS]
2026-02-10 - Senate - Motion to Read a Third Time and Pass as Amended - Roll Call 332 (Y: 32 N: 0 NV: 0 Abs: 3) [PASS]
2026-02-10 - Senate - Givhan motion to Adopt - Roll Call 331 DGVMJTT-1 (Y: 32 N: 0 NV: 0 Abs: 3) [PASS]
2026-02-10 - Senate - Third Reading in House of Origin (Y: 32 N: 0 NV: 0 Abs: 3) [PASS]
2026-02-10 - Senate - SBIR: Passed by House of Origin (Y: 32 N: 0 NV: 0 Abs: 3) [PASS]
2026-04-07 - House - Third Reading in Second House (Y: 104 N: 0 NV: 0 Abs: 1) [PASS]
2026-04-07 - House - HBIR: Passed by Second House (Y: 104 N: 0 NV: 0 Abs: 1) [PASS]
2026-02-10 - Senate - Motion to Read a Third Time and Pass as Amended - Roll Call 332 (Y: 32 N: 0 NV: 0 Abs: 3) [PASS]
2026-02-10 - Senate - Givhan motion to Adopt - Roll Call 331 DGVMJTT-1 (Y: 32 N: 0 NV: 0 Abs: 3) [PASS]
2026-02-10 - Senate - Third Reading in House of Origin (Y: 32 N: 0 NV: 0 Abs: 3) [PASS]
2026-02-10 - Senate - SBIR: Passed by House of Origin (Y: 32 N: 0 NV: 0 Abs: 3) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2026-04-17 | Senate | Enacted |
| 2026-04-17 | Senate | Enacted |
| 2026-04-08 | House | Signature Requested |
| 2026-04-08 | Senate | Delivered to Governor |
| 2026-04-08 | Senate | Enrolled |
| 2026-04-08 | Senate | Ready to Enroll |
| 2026-04-07 | House | Motion to Read a Third Time and Pass - Adopted Roll Call 1237 |
| 2026-04-07 | House | Third Reading in Second House |
| 2026-02-25 | House | Read for the Second Time and placed on the Calendar |
| 2026-02-25 | House | Reported Out of Committee Second House |
| 2026-02-12 | House | Pending House Financial Services |
| 2026-02-12 | House | Read for the first time and referred to the House Committee on Financial Services |
| 2026-02-11 | Senate | Engrossed |
| 2026-02-10 | Senate | Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 332 |
| 2026-02-10 | Senate | Givhan motion to Adopt - Adopted Roll Call 331 DGVMJTT-1 |
| 2026-02-10 | Senate | Fiscal Responsibility and Economic Development 1st Amendment Offered DGVMJTT-1 |
| 2026-02-10 | Senate | Third Reading in House of Origin |
| 2026-01-21 | Senate | Read for the Second Time and placed on the Calendar |
| 2026-01-21 | Senate | Reported Out of Committee House of Origin |
| 2026-01-21 | Senate | Fiscal Responsibility and Economic Development 1st Amendment DGVMJTT-1 |
| 2026-01-13 | Senate | Pending Senate Fiscal Responsibility and Economic Development |
| 2026-01-13 | Senate | Read for the first time and referred to the Senate Committee on Fiscal Responsibility and Economic Development |
| 2025-08-20 | Senate | Prefiled |
